Can I retire at age 52 with 747,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $747,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$61,687$61,137$60,601$60,078$59,567$57,408
2 years$30,538$29,969$29,418$28,884$28,365$26,214
3 years$20,156$19,585$19,035$18,506$17,996$15,920
4 years$14,967$14,397$13,853$13,333$12,835$10,850
5 years$11,854$11,288$10,750$10,241$9,757$7,868
6 years$9,779$9,217$8,688$8,190$7,720$5,929
7 years$8,298$7,741$7,220$6,733$6,279$4,584
8 years$7,187$6,635$6,123$5,648$5,209$3,610
9 years$6,324$5,777$5,274$4,811$4,387$2,881
10 years$5,634$5,092$4,598$4,147$3,738$2,323
11 years$5,069$4,533$4,048$3,609$3,214$1,888
12 years$4,599$4,069$3,592$3,166$2,786$1,544
13 years$4,202$3,677$3,209$2,795$2,429$1,269
14 years$3,862$3,342$2,884$2,481$2,129$1,047
15 years$3,567$3,053$2,604$2,213$1,875$866
16 years$3,309$2,801$2,361$1,981$1,657$719
17 years$3,082$2,580$2,148$1,780$1,469$598
18 years$2,881$2,384$1,961$1,604$1,306$498
19 years$2,701$2,209$1,795$1,450$1,164$415
20 years$2,539$2,053$1,647$1,313$1,040$347
21 years$2,392$1,912$1,515$1,191$931$290
22 years$2,260$1,785$1,397$1,083$834$243
23 years$2,139$1,670$1,289$987$749$203
24 years$2,028$1,564$1,193$900$673$170
25 years$1,926$1,468$1,105$822$606$143
26 years$1,832$1,380$1,024$751$546$120
27 years$1,745$1,298$951$688$492$100
28 years$1,665$1,224$884$630$444$84
29 years$1,590$1,154$823$578$401$71
30 years$1,521$1,090$767$530$362$59
31 years$1,456$1,030$715$487$327$50
32 years$1,395$975$667$448$296$42
33 years$1,338$923$623$412$268$35
34 years$1,284$875$582$379$243$30
35 years$1,234$830$544$349$220$25
36 years$1,186$788$509$321$199$21
37 years$1,142$748$476$296$180$18
38 years$1,099$711$446$273$164$15
39 years$1,059$676$418$251$148$12
40 years$1,021$643$392$232$135$10
41 years$985$612$367$214$122$9
42 years$951$583$344$197$111$7
43 years$919$556$323$182$101$6
44 years$888$530$303$168$91$5
45 years$858$505$285$155$83$4
46 years$830$482$268$144$75$4
47 years$803$460$251$133$68$3
48 years$777$439$236$123$62$3
49 years$753$419$222$113$56$2
50 years$729$400$209$105$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $747,000, adding $5,711 every year, while hoping to spend $31,090 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 64/6/30 Blend
51$747,000$747,000$747,000$747,000
52$829,085$789,494$777,915$875,159
53$880,572$795,100$770,896$912,699
54$936,269$799,938$762,600$949,794
55$996,572$803,939$752,950$989,669
56$1,061,917$807,026$741,869$1,032,601
57$1,132,784$809,122$729,273$1,078,898
58$1,209,700$810,141$715,075$1,128,900
59$1,293,244$809,993$699,185$1,182,981
60$1,384,055$808,582$681,508$1,241,557
61$1,482,834$805,808$661,944$1,305,084
62$1,590,352$801,562$640,388$1,374,069
63$1,707,461$795,731$616,734$1,449,070
64$1,835,093$788,193$590,865$1,530,703
65$1,974,278$778,820$562,665$1,619,649
66$2,126,148$767,476$532,008$1,716,659
67$2,291,950$754,017$498,765$1,822,563
68$2,473,054$738,290$462,799$1,938,278
69$2,670,973$720,132$423,970$2,064,813
70$2,887,367$699,374$382,128$2,203,286
71$3,124,068$675,833$337,119$2,354,928
72$3,383,091$649,317$288,781$2,521,099
73$3,666,657$619,624$236,945$2,703,298
74$3,977,209$586,539$181,436$2,903,183
75$4,317,438$549,833$122,068$3,122,579
76$4,690,310$509,267$58,650$3,363,503
77$5,099,087$464,588$0$3,628,179
78$5,547,367$415,525$0$3,921,952
79$6,039,108$361,796$0$4,264,861
80$6,578,673$303,100$0$4,641,170
81$7,170,867$239,121$0$5,054,248
82$7,820,981$169,523$0$5,507,804
83$8,534,846$93,954$0$6,005,929
84$9,318,882$12,040$0$6,553,126
85$10,180,165$0$0$7,154,360
86$11,126,487$0$0$7,820,159
87$12,166,435$0$0$8,552,759
88$13,309,467$0$0$9,358,034
89$14,566,002$0$0$10,243,334
90$15,947,521$0$0$11,216,754
91$17,466,673$0$0$12,287,214
92$19,137,392$0$0$13,464,541
93$20,975,032$0$0$14,759,562
94$22,996,508$0$0$16,184,207
95$25,220,459$0$0$17,751,620
96$27,667,419$0$0$19,476,282
97$30,360,014$0$0$21,374,150
98$33,323,176$0$0$23,462,807
99$36,584,374$0$0$25,761,625
100$40,173,874$0$0$28,291,948